£231,753
This estimated value is based upon the latest sale price for the house of £222,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £222,000 | 11 Mar 2022 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in March 2022 the House Price Index for MEDWAY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £222,000 results in an estimated price of approximately £231,753.
| 11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £222,000 | £9,753 | £231,753 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.954 % | £17,656 | £239,656 |
| 3 Month Average | 0.201 % | £447 | £222,447 |
| 6 Month Average | 2.768 % | £6,144 | £228,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £320,000 | £320,000 | 154 KING GEORGE ROAD |
| 25 Mar 2024 | £223,433 | £220,000 | 148 KING GEORGE ROAD |
| 1 Dec 2023 | £273,401 | £265,000 | 14 MAYWEED AVENUE |
| 11 Mar 2022 | £231,753 | £222,000 | 9 SEDGE CRESCENT |
| 10 Feb 2022 | £269,397 | £255,000 | 138 KING GEORGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sedge Crescent |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sedge Crescent |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sedge Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayweed Avenue |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pimpernel Way |